The next second, hundreds of millions of dollars were actively bought in, quickly driving up the Hong Kong dollar. A red pillar rose up like a skyscraper, soaring straight up!
The huge amount of money directly broke through the original 9.6 yuan and stopped at 9.5 yuan.
At this moment, global speculative capital is panicking as it watches this surge. The funds that rushed in earlier are already showing paper losses. They can only pray that Wall Street and the financial city will intervene quickly to suppress the price. These speculative funds are all about quick in and out, and if they manage to make three to five points a day amidst the chaos, they consider it a great success.
At the Schroders Stock Exchange in London, John couldn't sit still as he watched the market unfold. Today's market had changed drastically from the previous days, shifting from a purely defensive approach to an offensive one.
"How dare you resist?" John said with some disdain, and the managers next to him also expressed their dissatisfaction with the backlash.
"Pour it down! Put two billion at the 9.6 yuan mark!" John knew that it wouldn't work if they just rushed in; they had to put the money out there and let speculative funds rush in. The last hour before the market closed was their main battleground.
The selling pressure intensified again. Seeing this, Lu Feng snorted disdainfully. Holding back is cowardice. Let the speculative funds handle the toughest challenges. It seems that Schroder Group doesn't plan to spend much money after all!
"They placed HK$2 billion at the 9.60 mark!" the trading report stated.
"Hold firm on 9.50, and at the same time, place a billion dollars around 9.40!" Lu Feng said in a deep voice, "Everyone has some savings."
Speculative funds and retail investors saw HK$2 billion of short selling pressure hanging over their heads, which boosted their confidence and they rushed to buy. Some retail investors in the New York Stock Exchange even shouted that the Hong Kong dollar was about to fall!
"There are HK$2 billion piled up in the top 100 sellers' seats, what's there to be afraid of? Such a large number of sell orders won't drive the price up!" someone shouted.
"Tiger Fund doesn't seem to have released anything today. Let's wait and see. I heard they changed hands in Hong Kong!" someone said cautiously.
"You trade forex? Haven't you heard that a buy order will always lead to a drop, and a sell order will always lead to a rise?"
"What do you know? Don't you know the situation in Hong Kong? It's just an empty shell, not even worth as much as the Thai baht." As he spoke, the man went to the trading window, opened a short position, and immediately placed it.
Then, staring at the display screen in the lobby, he held his breath and shouted, "Fall! Fall already! What are you all dawdling for?"
"The order is in, it's for one billion!!"
Some people even suspected that the display screen was wrong and went to the window to ask, only to be told that it was true and that the total order volume of Hong Kong dollar buyers has now exceeded one billion US dollars.
On Wall Street, Soros, Robertson, and others frowned as they looked at the current market. They hadn't made a move today because of a piece of news: Lu Feng said he had brought hundreds of billions of dollars in foreign exchange reserves.
This crucial information needs to be confirmed, so let the people in the financial city take the lead first. Today's market is also quite tense. Lu Feng is aggressive and fearless!
"Does he really have hundreds of billions?" the Goldman Sachs president asked.
"This man is very cunning. There is no definite information yet. In my opinion, the mainland will not give all its foreign exchange reserves to Lu Feng, who has no official status, to manage," Soros pondered.
“There’s a billion on the table, but I suspect he only has a billion. It’s actually quite simple: just take that billion and we’ll know the truth,” Robertson said, resting his chin on his hand.
This is tantamount to nonsense. It's like saying that to verify whether a tiger eats people, you just need to hit the tiger with a stick and see if it gets eaten.
Putting aside all the foreign exchange, even if it were all handed over to Lu Feng, not only would Wall Street not believe it, but John wouldn't either.
Of course, they wouldn't let Lu Feng do whatever he wanted. There were at least thirty people sitting outside the glass of the trading room, along with a large monitor. If Lu Feng had a sudden lapse in judgment, he would definitely be dragged out immediately.
The market is at a stalemate, and trading volume is also shrinking. Both sides are testing each other, betting on how many bullets the other has left!
This continued until the end of the morning session, when everyone in the trading room stood up and began to applaud as trading came to a close.
Lu Feng walked out of the trading room and shook hands with several leaders, saying, "We barely managed to kill off a batch of speculative funds; the real battle begins this afternoon!"
"You really have a knack for maintaining the market with this amount of capital and even achieving a slight increase!"
"This is much better than simply setting up defensive lines, which allowed the opponent to launch a fierce attack!"
Several people from the Hong Kong Monetary Authority came over and shook hands with Lu Feng without saying anything. However, they were puzzled as to why the previously overwhelming sell orders had suddenly stopped today.
The reason why those sell orders appeared before was because they had measured out the bottom line. They knew your strength and weaknesses, and with a little calculation, they dared to take action against you. They didn't need to win too much from you; winning just one dollar would be a huge victory.
Lu Feng took the initiative to buy in, and then made his financial position clear. If they dared to buy in, they would receive even more funds. In addition, he brought hundreds of billions of yuan with him before the market opened, so they would have to think twice.
The competition wasn't about who would fire the first shot, but about who would fire the last shot, so no one dared to make a move!
Lu Feng took a sip of water and then began to review the meeting. Through the transaction data, he discovered that Wall Street hadn't invested a single penny; it was all speculative capital and financial institutions.
Among this data, Lu Feng discovered Sean's account and thought to himself, "This guy is a cunning old fox; I managed to avoid getting him into trouble."
Lu Feng was in a meeting, and several Wall Street giants couldn't stand it. This market situation was very unfavorable to them, making many people think that the Hong Kong dollar had bottomed out, that the short-selling forces were insufficient, and that it was entering a sideways or even bottoming-out phase. After the market closed, based on their understanding of Lu Feng, they would definitely release positive news.
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